4 Articles
4 Articles
Planes are expensive as never before, and Trump's hostile customs policy strangles tourism: a study sees US airlines as big losers.
Direct: US President Donald Trump's administration has put in place a framework...
While the costs of new aircraft have already increased sharply in the post-Covid period of recovery, the customs duties put in place by US President Donald Trump will further increase their prices and curb the demand for travel, according to a note by the Allianz insurer. President Trump's new tariff offensive casts a shadow on the air sector, threatening to compromise its fragile post-pandemic recovery.
US tariffs and related uncertainties also cause turbulence in the tourism industry and airlines.
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